Records are made to be broken, and it seems that one may have just been snapped again. An Italian website is reporting that a Ferrari 250 GTO, owned by American collector Paul Pappalardo, recently sold for $52 million.

Nobody can throw an anniversary party like the folks at Pebble Beach. To celebrate 50 years of the Ferrari 250 GTO, the world's most famous classic car show convened an incredible collection of Enzo's most coveted creation. And what a gathering it was. More than half of the 39 250 GTOs in existence were on display – the official number quoted was 22, although we could only count 21. The line of cars literally stretched farther than our cameras could capture. Factoring in the going rate of